Cozy relationship between Fed and big banks draws scrutiny

Name: Cozy relationship between Fed and big banks draws scrutiny
Uploaded: 2014-12-03T01:16:35Z
Duration: P336S
Description: While monitoring Goldman Sachs, New York Federal Reserve supervisor Carmen Segarra made secret recordings that suggested the Fed was too soft on the big bank. She was fired a few months later, for reasons the Fed claimed were unrelated. Judy Woodruff speaks with Jake Bernstein of ProPublica about how these issues are being investigated.

Clip: 12/02/2014 | 5m 36s

While monitoring Goldman Sachs, New York Federal Reserve supervisor Carmen Segarra made secret recordings that suggested the Fed was too soft on the big bank. She was fired a few months later, for reasons the Fed claimed were unrelated. Judy Woodruff speaks with Jake Bernstein of ProPublica about how these issues are being investigated.

Aired: 12/02/14

Rating: NR

Problems Playing Video? | Closed Captioning

Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer …

Major corporate funding for the PBS NewsHour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and American Cruise Lines. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.

Support provided by:

Cozy relationship between Fed and big banks draws scrutiny

More News and Public Affairs Shows